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HomeMy WebLinkAbout1A 2019 10 01 - Twp Pmt Work Session Rep Phone 952.447.9800 / Fax 952.447.4245 / www.cityofpriorlake.com 4646 Dakota Street SE Prior Lake, MN 55372 CITY COUNCIL WORK SESSION REPORT MEETING DATE: OCTOBER 7, 2019 AGENDA #: 1A PREPARED BY: SARAH SCHWARZHOFF, CITY ATTORNEY PRESENTED BY: SARAH SCHWARZHOFF AGENDA ITEM: SPRING LAKE TOWNSHIP PAYMENT ACTION REQUESTED: Review payment to Spring Lake Township related to annexation for Meadows at Cleary Lake. INTRODUCTION: In 2014, the Enclave at Cleary Lake Development was required to repair a ditch that was located in Spring Lake Township (near the intersection of 180th and Revere Way). The developer completed the work and the City paid the developer for the work. The Township reimbursed the City for the cost of the ditch repair in the amount of $100,000. In conjunction with the payment, the City and Township entered into an agreement (attached) where the City agreed to refund the money to the Township if the City annexed the property within 5 years. The repayment was tied to 3 parcels, with 1/3 repayment for each parcel annexed. In 2018, as part of the Meadows at Cleary Lake Development, two of the three parcels identified in the agreement were annexed. As a result the Township has requested payment from the City of $66,666.67 for the two parcels. Staff is providing this information for Council review and to answer any questions before the payment is made. The payment will be made from the Projects – Storm Sewer Oversizing account number 502- 43600.00-55170.00-DEV13-000014. City staff was unaware of this agreement at the time of the annexation. Therefore, staff has also discussed instituting systems to ensure that any future agreements be tracked to ensure that in the future the developer and/or landowner be required to make any annexation or development related payments.